New Delhi, July 21 -- India is poised for a massive green hydrogen expansion, with investments worth Rs 10 lakh crore expected by 2030, according to a report by Avener Capital.

The country's National Green Hydrogen Mission (NGHM) aims to produce 5 million tonnes per annum (MTPA) of green hydrogen and establish 20 GW of electrolyser manufacturing capacity by the end of this decade.

At the heart of this transition is the Rs 17,000 crore SIGHT (Strategic Interventions for Green Hydrogen Transition) Programme.

So far, the Solar Energy Corporation of India (SECI) has awarded 8.58 lakh MTPA of green hydrogen production and 2.3 GW of electrolyser manufacturing under this initiative.

The government also targets a Rs 1 lakh crore reduction in ...